Updated from 7:07 a.m. EDT
One industry that is expected to do well in a Barack Obama presidency is biotech. With the drop in the stock market bringing down all stocks, including the biotechs, short-squeeze opportunities may exist.
A short squeeze takes place when a stock's short-sellers scramble to cover their bearish positions when that stock moves sharply upward; their buying ends up pushing shares even higher. Short positions of stocks are measured by the short-squeeze ratio, which represents the number of days it would take for the short-sellers to cover their positions based on the recent daily volume of the stock.
Stockpickr has reviewed all the biotechnology stocks and developed a list of the
To read more,
Stockpickr is a wholly owned subsidiary of TheStreet.com.